Rocket Companies Names Venmo Chief Technology Officer, Former PayPal Executive, Papanii Okai EVP of Product Engineering
Okai brings years of tech leadership to Rocket as the company continues its strategy of AI-fueled homeownership
"We've all experienced technology that drives real impact in the world through Papanii's work with Paypal and Venmo. Now, he will be using that skill to help revolutionize the homeownership journey," said
Okai joins Rocket at a time when the company is modernizing the homeownership experience for clients and partners by harnessing AI to create the most personalized, efficient and accurate process possible. The company created its own loan origination system – called
"Homeownership is one of the most impactful things that can happen in someone's life. It brings security, stability and can build generational wealth – which is exactly why I jumped on this opportunity," said Okai. "The best way we can use technology is to make the path to homeownership easier, faster and more accessible. I'm looking forward to bridging the gap between technology and human experience, so people across the country, no matter where they are from, feel confident taking this life changing step."
Okai spent nearly 11 years in technology leadership roles at Venmo, most recently as Chief Technology Officer and Vice President of Engineering. He led the technology and engineering teams who built and scaled products used by Venmo's 90 million users, while driving strategic initiatives that solidified Venmo as a leader in peer-to-peer payments.
Okai also led the engineering teams at PayPal, the global payments company serving more than 400 million accounts, holding many roles ranging from platform engineer to Chief Technology Officer for Branded Checkout and Vice President of Engineering for PayPal Giving. He oversaw the engineers, developers and product managers worldwide who powered PayPal's payments platform used by both customers and merchants.
Okai will collaborate closely with engineers, product managers and design teams to build upon Rocket's AI-powered products. His leadership will ensure that Rocket continues to deliver technically advanced, client-focused solutions that drive innovation and efficiency at every stage of the home buying process.
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